268 West 73rd Street_Property for Sale
268 West 73rd Street_Property for Sale
268 W 73rd St, New York, NY, 10023, US

268 West 73rd Street

Asset description

JLL has been retained on an exclusive basis to arrange for the sale of 268 West 73rd Street, a turnkey, 9-unit apartment building located on the south side of West 73rd Street between Broadway and West End Avenue. The property recently underwent a substantial rehabilitation which included a complete renovation of all apartments (including rent regulated apartments), building systems and common areas.


The building is configured as 9 apartments, of which are 7 are Free Market, 1 is Rent Stabilized and 1 is Rent Controlled. The units consist of one floor though garden apartment and 8 one-bedrooms on floors 2-5. The ground floor apartment features two spacious bedrooms, two bathrooms and exclusive access to the south facing private garden. The upper floors are configured as front and back one-bedroom apartments with ample storage space, oversized operable windows, generous layouts, and high ceilings.


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Attributes

Asking Price
$6,550,000
Occupancy
100.00%
Year built
1920
Building area Gross
6,433 sf

Media

Investment highlights

New, Turn-Key Renovation with Luxury Finishes

~80% Free Market With Path to Full Decontrol (Complete Substantial Rehabilitation)

~30% Upside on Rent Regulated Turnover

100% Leased Within 1 Month Post Renovation

Tax Class Protected (2B)

Virtual Doorman & Security System

Central Upper West Side Location

Steps from World-Class Broadway Retail & 2-Min Walk to 1,2,3 Subway Station 


Contact brokers

268 West 73rd Street (0 Properties)

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Last updated
Apr 25, 2023